Get started

2020

Bitcoin (BTC) - Comparing 2020 vs 2024#BTC/USDT #Analysis Description --------------------------------------------------------------- + After the Bitcoin halving, the expected price correction began in late 2019 and continued through the first quarter of 2020. + In 2020, BTC was anticipated to break out from resistance after 35 weeks of correction. However, due to the unexpected COVID-19 black swan event, the price experienced an even further decline. + Currently, we are observing a similar pattern following the 2024 Bitcoin halving. The price correction began as expected, and last week, there was an additional 33% drop from the peak (compared to a 53% drop in 2020). + If the recovery follows a normal pattern, the price is expected to break out from resistance after 35 weeks of correction, which would occur in November 2024. + If another black swan event were to occur, the price could potentially crash further, dropping to the 37K-40K range. However, this is unlikely unless such an event happens. + Let’s see how this situation unfolds. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
CRYPTO:BTCUSDLong
by VectorAlgo
ALNOV NOVACYT Novacyt big fall today, don't worry medium long term still hasn't broken level but keep an eye out for volatility next week we recommend that you buy if you can to the level you think is appropriate, it is a company that in the medium term has high expectations L.E.D Capital Management has investments and has had large investments in ALNOV, continuing to rely on its potential - THIS IS NOT A FINANCIAL ADVICE AT ALL- Novacyt Group is an Anglo-French biotechnology group focused on clinical diagnostics, with offices in Camberley, Surrey, United Kingdom and Vélizy-Villacoublay, France. The company produces in vitro and molecular diagnostic tests, supplying an extensive range assays and reagents worldwide. HE'S GOT BIG CONTRACTS FOR COVID TESTING. A cordial greeting good investment. In Spain at 9/04/2021 carefully L.E.D
EURONEXT:ALNOVLong
by wallstreetstocks
$TSLA Might Bounce off this Golden Support Line from Early 2020TSLA turned this old resistance into support last year, and it may be looking to respect it on this dip again. If the market rids its fear and the stimulus rolls out soon, I would say it's surely bullish. Just watching for now though. The MACD is ready to cross on the 3hr but it is still very low while the Stoch RSI has been ranging in the oversold territory. Let's see what happens, I'm looking to buy a diagonal leap for the end of this year eventually.
NASDAQ:TSLA
by mehulmanian
9
BTC Fractal 2017 vs 2020Hi all, M2S here with a view into 2 possible BTC fractals I am seeing. This particular charts show the completion of the cup and handle below the white line for both 2017 and 2020 bull runs. I do not see this as the correct fractional at the moment and will link to the 2013 fractional comparison in the comments below. That being the case, notice that BTC typically uses the 20 W EMA during bull runs as support. The green horizontal lines show where the previous initial bull run stopped for its first meaningful correction to the 20 W EMA. Your two sats (play on "your two cents") in the comments are welcome and very much appreciated! Thanks for checking out the idea, looking forward to your two sats in the comments! M2S *This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*
BNC:BLXLong
by my2satoshis
BTC Fractal 2013 vs 2020Hi all, M2S here with a view into 2 possible BTC fractals I am seeing. This particular charts show the completion of the correction from the previous ATH at the white line for both 2013 and 2020 bull runs. The red dotted line looks to be the mean regression line that BTC has been following since 2011. I see this as the correct fractional at the moment and will link to the 2017 fractional comparison in the comments below, which I do not think will play out. These look more similar to me as BTC gathered support at a lower level and took out the previous high (white horizontal line) without any issue continuing to use the the 20 W EMA as support. The green horizontal lines show where the previous initial bull run stopped for its first meaningful correction to the 20 W EMA and where the current 202 run might take a pit stop. Thanks for checking out the idea! Let me know what you think below, your two sats (play on "your two cents") in the comments are welcome and always very much appreciated! M2S *This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*
BNC:BLXLong
by my2satoshis
BITCOIN TO SEE A CORRECTION! Bitcoin has been following the stock market price for price since late January of 2020 which is concerning since bitcoin should be treated as a currency and not a security; the stock market at all time highs followed by bitcoin at all time highs is not a coincidence. We can do our best to make price targets for bitcoin using technicals and fundamentals but at the end of the day; the stock market is going to control the bitcoin price. If the stock market dumps in 2021; you best believe 75,000 Bitcoin price target will be out of the window. Bitcoin currently has a-lot going for itself with Paypal and Tesla both getting into it however like I showed the volume, there is just not many people trading bitcoin currently which tells us 2 schools of thought; either most traders are holding or not many people are buying bitcoin. It is quite concerning since the volume is 1/3 to what we saw in 2017. You might ask "wouldn't the volume pick back up?"; yes, it could however volume being such low over a 810% move up isnt necessarily good, which leads me to think; Who is really moving the market?
BITSTAMP:BTCUSD
by UnknownUnicorn1256641
2